Not sure at this point. It may be too late to turn around. 5 or 6 years ago there seemed to be a glimmer of a hope if things were sorted quickly but it really needed to happen a decade or two ago. The focus needs to be on the product, both the TR product and the wagering product. On the first, it's the same old things. Integrity, handicapping system, track surfaces, stakes structure etc. as well as ideas like Barryb's Racing 20. Such a thing could be piloted at virtually no cost and I think would not only appeal to track goers but also those who might gather for a couple of hours in pubs, clubs and homes to have a drink, a bite to eat, watch a few races and have a few bets. Potential there to expose the young ones too.
The wagering product is pretty obvious I think. Hard to believe that NZ has gone from being a world leader with the introduction of off course betting in the 50s to the parlous state it is in today and that mainly by way of delayed reaction to, rather than anticipation of, social change. We now have more of the same with the introduction of the PoC tax further increasing costs to punters and encouraging the TAB to price even less competitively.
It's a sad day to have to say this, but I'm not sure if all the necessary fixes were put in place tomorrow that the ship won't still go down. I'm also not convinced that moving the deck chairs by way of closing/building tracks are likely to provide any more than additional costs, put more pressure on already failing tracks, and ultimately worsen rather than improve the product.